In 2023, Cyprus led European boarfish production with the highest value at 12.22 thousand euros per metric ton, marking an 8.65% increase from the previous year. Malta followed with 9.35, while the Netherlands and United Kingdom experienced minimal production, each under 1.0. Spain and Ireland both showed negative growth in production values with Spain declining significantly by 31.33% and Ireland slightly increasing by 1.79%. Over the last two years, most countries have displayed volatility in boarfish production values, with a noticeable downturn in Spain and the United Kingdom.
Looking ahead, Europe's boarfish capture fisheries must navigate fluctuations influenced by environmental policies, changing market demands, and sustainable practices. Future production trends could see Cyprus and Malta strengthening their positions, while Spain's continued decline might prompt strategic shifts to stabilize or boost output. Key factors to monitor include regulatory changes, technological advancements, and market alignment towards sustainable and efficient fisheries management.
Top countries in Total Boarfish Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 12,220 | 2023 | +11.07% | +8.65% | View data |
| 2 | 2 Malta | 9,350 | 2022 | +87% | View data | |
| 3 | 3 Netherlands | 714.41 | 2023 | +64.82% | View data | |
| 4 | 4 United Kingdom | 582.6 | 2023 | +4.86% | -12.41% | View data |
| 5 | 5 Spain | 219.22 | 2023 | -16.54% | -31.33% | View data |
| 6 | 6 Ireland | 198.61 | 2023 | +2.74% | +1.79% | View data |
